Tag: trade deficit
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Canada SHOCKING Threat to Cut Off Electricity to U.S. in Response to Trump’s 50% Tariff
President Trump's choice to impose 50% tariffs on Canadian steel and aluminum has actually triggered a major trade war, severely affecting Canada's economy. The tariffs have actually crippled exports, broadened trade deficits, and resulted in factory closures and rising joblessness, particularly in Ontario. In reaction, Ontario Premier Doug Ford has actually taken a defiant position,…
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5 MINUTES AGO: Toyota & Honda Leave U.S. Over Trump’s Tariffs — No More Japan Cars?! Trade War, EV
The U.S.-Japan trade showdown is heating up, with President Trump's proposed 25% tariff on Japanese auto imports under Area 232 threatening to interrupt a critical financial alliance. Japanese automakers like Toyota, Honda, and Nissan, which command 44% of the U.S. light car market, face severe challenges as talks stall over Japan's refusal to open its…